Sec. 1. (a) Unless otherwise provided in articles of incorporation or bylaws, a corporation must have a president, a secretary, a treasurer, and other officers appointed by the board of directors. (b) Bylaws or a board of directors must delegate to one (1) of the officers the responsibility for the following: (1) Preparing minutes of […]
Sec. 1. (a) Unless otherwise provided in articles of incorporation or bylaws, a corporation must have a president, a secretary, a treasurer, and other officers appointed by the board of directors. (b) Bylaws or a board of directors must delegate to one (1) of the officers the responsibility for the following: (1) Preparing minutes of […]
Sec. 2. An officer shall perform the duties set forth in bylaws or, to the extent consistent with bylaws, the duties prescribed: (1) in a resolution of the board of directors; or (2) by direction of an officer authorized by the board of directors to prescribe the duties of other officers. As added by P.L.179-1991, […]
Sec. 2. An officer shall perform the duties set forth in bylaws or, to the extent consistent with bylaws, the duties prescribed: (1) in a resolution of the board of directors; or (2) by direction of an officer authorized by the board of directors to prescribe the duties of other officers. As added by P.L.179-1991, […]
Sec. 3. (a) An officer may resign at any time by delivering notice to one (1) of the following: (1) The board of directors, the chairman of the board of directors, or the secretary of the corporation. (2) If articles of incorporation or bylaws provide, to another designated officer. (b) A resignation is effective when […]
Sec. 3. (a) An officer may resign at any time by delivering notice to one (1) of the following: (1) The board of directors, the chairman of the board of directors, or the secretary of the corporation. (2) If articles of incorporation or bylaws provide, to another designated officer. (b) A resignation is effective when […]
Sec. 4. (a) The election or appointment of an officer does not create contract rights. (b) An officer’s removal does not affect the officer’s contract rights with the corporation. An officer’s resignation does not affect the corporation’s contract rights with the officer. Removal or resignation of an officer does not affect the contract rights of […]
Sec. 4. (a) The election or appointment of an officer does not create contract rights. (b) An officer’s removal does not affect the officer’s contract rights with the corporation. An officer’s resignation does not affect the corporation’s contract rights with the officer. Removal or resignation of an officer does not affect the contract rights of […]
